DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Wellspring Wealth Management LLC

Independent wealth managerAlpharetta, GeorgiaCRD 134834SEC 801-64350websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Nov 29, 2011 · 43 filings
SEC status approved since Jun 20, 2005
RAUM
$585M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
93%
$545M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$117M
derived; firm RAUM over IAPD count
Employees
8
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
43 filings and snapshots on the tape
RAUM$585M as of Mar 27, 2026
Mar 28, 2012$113M then
HNW client RAUM$512M as of Mar 27, 2026
Mar 30, 2018$159M then
State-registered IARs (5.B.3)6 as of Mar 27, 2026
Apr 1, 201315 then
Employees (5.A)8 as of Mar 27, 2026
Apr 1, 201330 then
Private funds: no history
RAUM +17% over the last fiscal year+15% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$117MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
48derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.9MderivedHNW RAUM over HNW clients
Average account
$908,098derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
3.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
2.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+17%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-4.7%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Wrap fee program
$155MreportedItem 5.I
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is an insurance broker or agent (6.A.6)
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$512M87%
  • Individuals$33.4M5.7%
  • Corporations and businesses$21.1M3.6%
  • Charitable organizations$14.2M2.4%
  • Pension and profit-sharing plans$4.5M0.8%
Individual clients
110reported
HNW clients
132reported
Pension plan clients
0reported
Charitable clients
7reported
Accounts
644reported
Financial planning clients
1-10reported
Wrap fee programs
$0 sponsored, $631,418 managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.93 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=6.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
John David GloverAlpharetta, Ga Jun 22, 200541 y3
Mark Howell WinstonCertified Financial PlannerAlpharetta, Ga Mar 19, 201016 y1
Valeri Jan BishopAlpharetta, Ga Apr 24, 201832 y2
Dennis Ray WrightChartered Financial ConsultantAlpharetta, Ga Apr 24, 201832 y6
Andrew Blake WrightSavannah, Ga Jun 27, 201811 y1
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 20% of current headcount1 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Jan Valeri Bishop · Chief Compliance Officercontrol
      since 03/2021 · owns less than 5%
    • David John Glover · Chairman And Managing Partnercontrol
      since 05/2009 · owns less than 5%
    • David John Glover · Managing Partnercontrol
      since 01/2017 · owns 50% to 75% of Wellspring Wealth, LLC
    • Ray Dennis Wright · Managing Partnercontrol
      since 05/2018 · owns 25% to 50% of Wellspring Wealth, LLC
    • Allen Gregory Raabe · Managing Member
      since 03/2020 · owns 25% to 50% of Jbsgbj Holdings LLC
    • Howell Mark Winston · Partner
      since 09/2021 · owns 25% to 50% of Wellspring Wealth, LLC
    Entity owners
    • Wellspring Wealth, LLC · Owner
      direct · owns 75% or more
    • Jbsgbj Holdings LLC · Minority Partner
      indirect · owns 25% to 50% of Wellspring Wealth, LLC
    Related persons
    Schedule D 7.A
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Alpharetta, Ga · principal500
    Hilton Head Island, Sc001
    Offices
    Schedule D 1.F, the 25 largest
    • Bluffton, SC1 employees
    • Atlanta, GA
    What changed
    consecutive filings, newest first
    • Accounts · 641 to 644
      Mar 27, 2025 to Mar 27, 2026
    • Advisory employees · 6 to 5
      Mar 27, 2025 to Mar 27, 2026
    • Charity clients · 4 to 7
      Mar 27, 2025 to Mar 27, 2026
    • Corporate clients · 19 to 13
      Mar 27, 2025 to Mar 27, 2026
    • HNW clients · 125 to 132
      Mar 27, 2025 to Mar 27, 2026
    • Individual clients · 129 to 110
      Mar 27, 2025 to Mar 27, 2026
    • Pension plan clients · 1 to 0
      Mar 27, 2025 to Mar 27, 2026
    • Assets in custody · $1.6M to $1.6M
      Mar 27, 2025 to Mar 27, 2026
    • Discretionary RAUM · $498M to $585M
      Mar 27, 2025 to Mar 27, 2026
    • HNW RAUM · $430M to $512M
      Mar 27, 2025 to Mar 27, 2026
    • Individual RAUM · $30.4M to $33.4M
      Mar 27, 2025 to Mar 27, 2026
    • Pension RAUM · $9.7M to $4.5M
      Mar 27, 2025 to Mar 27, 2026
    • RAUM · $498M to $585M
      Mar 27, 2025 to Mar 27, 2026
    • Wrap assets (manager) · $348,783 to $631,418
      Mar 27, 2025 to Mar 27, 2026
    • Accounts · 498 to 641
      Oct 9, 2024 to Mar 27, 2025
    • Advisory employees · 7 to 6
      Oct 9, 2024 to Mar 27, 2025
    • Corporate clients · 16 to 19
      Oct 9, 2024 to Mar 27, 2025
    • HNW clients · 103 to 125
      Oct 9, 2024 to Mar 27, 2025
    • Individual clients · 83 to 129
      Oct 9, 2024 to Mar 27, 2025
    • Assets in custody · unset to 1556475.0
      Oct 9, 2024 to Mar 27, 2025
    • Employees · 9 to 8
      Oct 9, 2024 to Mar 27, 2025
    • Financial planning clients · 26-50 to 1-10
      Oct 9, 2024 to Mar 27, 2025
    • State-registered IARs · 7 to 6
      Oct 9, 2024 to Mar 27, 2025
    • Other offices · 2 to 1
      Oct 9, 2024 to Mar 27, 2025
    • Discretionary RAUM · $440M to $498M
      Oct 9, 2024 to Mar 27, 2025
    • HNW RAUM · $368M to $430M
      Oct 9, 2024 to Mar 27, 2025
    • Individual RAUM · $33.3M to $30.4M
      Oct 9, 2024 to Mar 27, 2025
    • Pension RAUM · $8.5M to $9.7M
      Oct 9, 2024 to Mar 27, 2025
    • RAUM · $440M to $498M
      Oct 9, 2024 to Mar 27, 2025
    • Wrap assets (manager) · $380,977 to $348,783
      Oct 9, 2024 to Mar 27, 2025
    • Wrap assets (manager) · $0 to $380,977
      Apr 1, 2024 to Oct 9, 2024
    • Accounts · 473 to 498
      Mar 30, 2023 to Mar 29, 2024
    • Advisory employees · 6 to 7
      Mar 30, 2023 to Mar 29, 2024
    • Charity clients · 6 to 4
      Mar 30, 2023 to Mar 29, 2024
    • Corporate clients · 15 to 16
      Mar 30, 2023 to Mar 29, 2024
    • HNW clients · 107 to 103
      Mar 30, 2023 to Mar 29, 2024
    • Individual clients · 80 to 83
      Mar 30, 2023 to Mar 29, 2024
    • Employees · 8 to 9
      Mar 30, 2023 to Mar 29, 2024
    • Discretionary RAUM · $390M to $440M
      Mar 30, 2023 to Mar 29, 2024
    • HNW RAUM · $324M to $368M
      Mar 30, 2023 to Mar 29, 2024
    Signals
    7 dated events
    • Daniel James O'Rourke left Wellspring Wealth Management Llc for Lpl Financial Llc (registered 2022-04-27)
      Mar 19, 2026 · Advisor changed firm · fact
    • Jan Valeri Bishop (Chief Compliance Officer) appeared on Schedule A of Wellspring Wealth Management Llc
      Mar 30, 2021 · Control person joined · fact
    • Lane Byron Thorsen (Managing Director) no longer on Schedule A of Wellspring Wealth Management Llc (listed 2020-03-26, absent 2020-06-29)
      Jun 29, 2020 · Control person left · inference
    • Clifford Brian Friedman (Managing Director) no longer on Schedule A of Wellspring Wealth Management Llc (listed 2020-03-26, absent 2020-06-29)
      Jun 29, 2020 · Control person left · inference
    • Joseph Fredrick Livingston (Chief Compliance Officer) no longer on Schedule A of Wellspring Wealth Management Llc (listed 2019-03-31, absent 2020-03-26)
      Mar 26, 2020 · Control person left · inference
    • Joseph Fredrick Livingston (Chief Compliance Officer) appeared on Schedule A of Wellspring Wealth Management Llc
      Mar 31, 2019 · Control person joined · fact
    • Clifford Brian Friedman (Managing Director) appeared on Schedule A of Wellspring Wealth Management Llc
      Mar 31, 2019 · Control person joined · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    How to reach
    public business contact points only, each with its source
    Business email
    info@wellspringwealth.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    770-410-4088reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    843-802-9814reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    linkedin.com/company/wellspring-wealth/mycompanyreportedpublic record, Form ADV, Sep 17, 2026
    Website
    WELLSPRINGWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    770-410-4088reportedpublic record, Form ADV, Mar 27, 2026
    Contact form
    wellspringwealth.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $117Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026